⚡️ NEW: Ripple's Hidden Road Launches OTC Crypto Swaps in the US 🇺🇸
Ripple, through its subsidiary Hidden Road, has just officially launched its OTC (Over the Counter) cryptocurrency swaps platform in the United States. This initiative allows institutional investors to access cash-settled trades on major digital assets such as Bitcoin, Ethereum, and XRP.
🔍 Why is this announcement so relevant?
▪️ OTC trading is key for institutional players, as it allows them to execute large-volume trades without significantly affecting the market price.
▪️ By allowing cash settlement, the need for direct custody of assets is eliminated, reducing barriers for large financial institutions.
📈 This positions Ripple as a solid bridge between traditional finance and the crypto ecosystem, and aligns with its vision of a global infrastructure for payments and digital assets.
💼 Furthermore, the move comes just as interest from banks and funds in entering the crypto market reaches historic levels, and regulatory frameworks in the US are beginning to become more clearly defined.
🌍 This advance by Ripple could open the door to a new wave of institutional adoption, positively impacting the liquidity and legitimacy of the crypto market.
